Crypto Markets Stall as Traders Bet Government Shutdown Will Extend into November
Crypto markets hold out around $4.2 trillion as traders increasingly bet the U.S. government shutdown could last into next month.
Crypto markets are trading flat today, Oct. 10, and most large-caps are posting moderate losses on the week. Total market capitalization is holding out around $4.24 trillion, up less than half a percent on the day, as traders increasingly bet that the United States government shutdown will last into next month.
Bitcoin (BTC) is flat on the daily and weekly time frames, trading just above $121,000.
Ethereum (ETH) is also flat today above $4,300, but is down 3.2% over the past seven days.
Except for Dogecoin (DOGE), which is up 1.6% on the day, all of the remaining top-10…
